Tax Legal Questions

Filing married filing joint this year would not set off any red flags with the IRS as you can switch between the statuses year over year. Your biggest potential issue is that a married filing joint return would hold you equally responsible for your ex-husband's potential tax liability for that year. I would suggest against it. Additionally, I would suggest your spouse seek counsel to handle the IRS issues. ... Read More

Dealing with the IRS is a difficult and time consuming process.  Green Country Law Group has attorneys experienced in that area, one who has a Masters of Law in Taxation.  Give us a call at 918-456-6113 and be prepared to provde your full contact information.  Once we establish an attorney-client relationship, we will get to work correcting your situation.... Read More

Im not sure that this question belongs in taxation plus i cannot really tell what you are asking.  If you think your uncle defrauded you somehow and it was along time ago, then probably what lawyers call the statute of limitations has passed.  In other words, it is too late to sue anyone.  Even so, it would be worthwhile to put all the facts together and seek out the advice of a lawyer.    What you wrote above does not really give me enough information to hazard an answer to you.... Read More

If your son meets specific criteria of the house sale exemption, he should be able to exclude up to $500,000.00 from Capital Gains depending on his filing status. But, again, you may want to check out Topic No. 701 Sale of Your Home and discuss it with a Tax Attorney to clarify your options.... Read More

I am not an expert on international taxation or accounting, so my comment is only directed at US/Michigan law as I know it. The key money is not income. The money is not yours, it is a security deposit and the property of the tenant, possibly to be returned when the lease is over. It only becomes yours under the language of the lease. From an accounting standpoint, since you are holding money that isn't yours, it can be considered a liability, but, if it is, it offset by the asset that you are holding, the money itself. While it is always safest to declare these things, I advise you strongly to verify the accounting rules with a CPA who is familiar with international transactions; you do not want to be wrong about this. Please let me know what you learn further on this.... Read More

Short version -- probably -- but the marriage complicates who is eligible to claim what.  If possible, consult a CPA or your personal tax preparer for what the current rules are about claiming exclusions before and after marriage depending on who has been living in which home for how long.  The tax laws are somewhat complex and not really core "family law" and you should get specialized tax advice.... Read More

It appears from your question that grandfather owed IRS taxes, and that they filed a tax lien on the house. His estate is liable for the taxes. The executor, administrator, or personal representative of the estate should  consider contacting the IRS to make arrangements to pay the taxes from assets of the estate. You will probably not be able to sell or transfer good title to the house until the tax lien is released.... Read More

Depending upon where you live there may be multiple taxing authorities that you have to deal with so it is possible to pay one but miss the other.  I don't know your particular circumstances, but if you only have one tax bill and it has been paid and you can document that, you have a defense to the lawsuit.  Hire a lawyer to assist you.... Read More

No it does not.  IF you want to buy the property, your best bet is to wait until the taxing authority sues for the tax and puts the property up for sale.  There are lots of gotcha's in purchasing property this way, including the owner's right of redemption.  Hire a lawyer to help you.... Read More

There are a lot of moving parts to this scenario.  The answer to your question depends on additional facts not known or stated.  A detailed analysis of all the pertinent documents would be needed to assist you.  At a minimum, a copy of the deed and perhaps the Will would be required.  Keep in mind that an attorney on this forum cannot message you directly.  You need to be the one to initate contact with a local attorney. Best of luck.... Read More

Unfortunately the IRS views the debt as a  joint and several liability.  In other words, they don't care who they get the money from as long as they get it.  Depending upon your financial information and the amount of taxes and penalties involved, you might try an Offer in Compromise to see if you can pay it off for less.  You could also file a civil suit against your ex for monies you paid against what you claim is his debt.   You do need a lawyer to help analyze and help you with this.... Read More

An attorney, CPA or IRS Enrolled Agent can all do this. However, you need someone who does this kind of work specifically. There is a vast difference in the experience levels of parties who claim to be able to accomplish what you need done, although most of them will claim to be experts. Ask how many settlements have you done in the last 12 months. Additionally, you may or may not be eligible to settle. It depends on your financial situation and this is another catagory where experience counts. Ask whomever you hire how many times they have done a financial evaluation on a client.... Read More